Avon Park, FL Divorce Buyout in Florida
Since 1979 Somerset Mortgage Lenders Co. has been considered a leader in the residential mortgage lending business and is currently licensed in 26 states, including Florida, offering its expertise in many of the circumstances that life brings to many homeowners. In most cases Somerset has been able to provide lower payments for the spouse remaining while giving large cash outs to the other. Our Divorce Buyout Loan Specialists work with you to determine how much of a loan you need and what it will cost to refinance.Following is an example of how Divorce Buyout works:
Example: John and Jane own a house valued at $500,000, with a mortgage (or mortgages) that total $300,000. If you subtract the value from the total loan about ($500,000 - $300,000) you get the equity of the house, in this case $200,000. If John and Jane split their assets 50-50, each have $100,000 equity in the house. Therefore, if John wishes to keep the house, he would need to refinance the mortgage(s) with a total loan amount of $400,000 and use the remaining $100,000 to buy out his spouse.
Return to divorce buyout in the state of FL
| Avon Park, Florida News |
Avon Park's McHargue named to American Angus Association
Caitlin McHargue of Avon Park is a new junior member of the American Angus Association.
|
LETTER: Avon Park needs to remember it's small
I want to applaud the Avon Park City Council members into looking at making the hard decisions.
|
2 Sebring Women Charged With Stalking
Two Sebring women remained in Highlands County Jail on Thursday after they were arrested and charged with stalking a 26-year-old woman from Avon Park to Highlands Homes, entering a car in which she was a ...
|
Accidental Fire Destroys Avon Park Trailer Home
An accidental fire at 125 N. Florida Ave. displaced an Avon Park woman and her 12-year-old son this morning.
|
Fire destroys mobile home
A single-wide mobile home was ravaged by fire early Tuesday, forcing three occupants to find shelter elsewhere.
|
More of this story
County Line Road, east of Singletary Road, in Fort Meade will be closed from Singletary Road to West Bereah Road due to a collapsed drain pipe.
|
SFCC a draw for a variety of students
By Trey Christy trey.christy@newssun.com AVON PARK -- South Florida Community College is back up and running for the fall semester, with an increased enrollment in programs that can be transferred to four-year ...
|
Bicycle rides just got friendlier
News-Sun photo by Kevin J. Shutt When it comes to fun, friendly and relaxed touring bike rides, Rita Bennett leads the way, not only on the road but also in organizing the Highlands Pedalers to encourage those ...
|
Avon Park renews fire assessment; non-profits to pay 25 percent more
City Council members voted 4-1 Monday night to continue the fire assessment they instituted last year.
|
Carjacking suspect arrested in Jacksonville
After a week allegedly cruising around in a stolen truck, Trigg Deweese of Sebring was found by the Madison County Sheriff's Office.
|
County to activate Emergency Operations Center, open shelters for TS Fay
By Kevin J. Shutt kevin.shutt@newssun.com SEBRING - ' Tropical Storm Fay might rain on the parade of parents planning to return their children to school for the beginning of the 2008-2009 academic year.
|
Man arrested for shooting at his brother
Police have made an arrest in a shooting incident that occurred in the 1300 block of Tulane Avenue on Wednesday morning.
|
Police investigating AP shooting
Avon Park Police officers are investigating a shooting this morning in the parking lot of 1306 S. Tulane.
|
Evacuation and Shelter Information
Starting Monday AM - Mandatory Evacuations of Mobile Homes and Voluntary Evacuations of Low-Lying Areas As of 5pm Monday - Brookside Middle School in Sarasota, Heron Middle School in North Port and the Venice ...
|
Evacuation and Shelter Information
Published: August 17th, 2008 - 8:13 pm, Updated: August 17th, 2008 - 9:00 pm Published by: Alex Yoder Citrus County: No information at this time.
|
Editorial: Avon Park government making a real effort
We know, we know -- we've been full of praise for the elected officials up in Avon Park, as well as the city staff, lately.
|
Global warming video shown by American Party quite controversial
The American Party of Florida recently held a viewing of The Global Warming Swindle at Beef O'Bradys in Sebring.
|
Avon Park Wal-Mart opens doors to shoppers today
The new Wal-Mart Super Center opens its doors today at 8 a.m., following a grand opening ceremony at 7:30 a.m. which will feature Avon Park High School's Junior Air Force Reserve Officer Training Corps' honor ...
|
Charges in Coralrose Fullwood murder
Ellen-Beth Fullwood' looks on as North Port Police Chief Terry Lewis announces that a suspect has been arrested in the rape and killing of her daughter Coralrose Fullwood on Tuesda.
|
Revival an opportunity to come together
Every once in a while events and people come together in a way that can seem miraculous.
|
|
With Somerset's many FHA home loan programs, owning your dream home is more than just a dream.
| |
"Our family would like to thank Somerset Mortgage Lenders for getting us out of foreclosure. Without your help we do not know what would have become of our family. When we first called, we were in Chapter 13 bankruptcy...Not only will we now be able to keep our home, but we'll be able to put ourselves on track financially, thanks to all the efforts of the wonderful people at Somerset. We will be forever grateful to you all." - Scott & Amy
|
|